FREEHOLD FOR SALE
OR TO LET ON NEW TERMS
PRIME RETAIL PREMISES
98 SQ M (1053 SQ FT)
* Busy main road location in prime retail area
* New lease terms available
* May sell freehold
The property fronts a bustling main road location in Selsdon’s prime retail shopping area. Nearby multiple retailers include Costa Coffee, HSBC, WHSmith Local, Lloyds Pharmacy, Barclays, Yorkshire Building Society, Coop Funeralcare, Iceland, Nationwide, Day Lewis Pharmacy, William Hill and Dominos Pizza. A location plan and street view can be viewed online through Google Streetview by typing in the property’s postcode CR2 8YL.
The property comprises a ground floor retail unit with ancillary accommodation over part first floor (rear aspect). the second floor and part first floor have been sold off on a long leasehold interest basis and are therefore not included within the accommodation.
THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS
|Sales area||66.18 sq m||712 sq ft|
|Rear Offices||16.20 sq m||174 sq ft|
|Kitchen/Staff Rooom||15.70 sq m||167 sq ft|
|Male & Female toilets|
|TOTAL||98.0 SQ M||1053 SQ FT|
The property is available to let on a new effective full repairing an insuring lease for a term to be agreed at a commencing rent of £22,000 per annum exclusive.
Offers in the region of £330,000
We understand the existing commercial use of the property falls within a mixed A1 (Shops) and A2 (Financial & Professional Services Use Class as defined by the Town and Country Planning (Use Classes) Order 1987 (As amended)
According to the Government Website the current Rateable Value of the property is £14,250 pa The UBR for 2020/21 is 49.9p in the £. The Rates Payable are £7,110.75. Interested parties are advised to make their own enquiries to Croydon Business Rates Department to verify the above.
Each party to be responsible for their own legal costs.
Energy Performance Certificate:
Full information available upon request.
For further information, or to arrange an inspection please contact Joit Sole Agents Gildersleve & Payne Nick Payne MRICS Email: firstname.lastname@example.org
or David Sutton BA (Hons) Email email@example.com
Tel 020 8686 4400
Henry Adams Commercial
Andrew Algar Email: firstname.lastname@example.org
Tel 01403 282519
Property Misdescriptions Act 1991
Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose
Code of Practice
Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk